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Komal Bhattar

INSANE: 2 deeply discounted stocks to buy now | Rare Historical Photos

DHR Microsoft US Federal Reserve Stock Market Recession Danaher Corporation Microsoft Corporation

The stock market has experienced wild swings this year amid soaring inflation, the Fed’s aggressive rate hikes, and rising odds of a recession. JPMorgan Chief, Jamie Dimon, has repeatedly highlighted the chances of the U.S. economy heading toward a recession.

He pegged the chances of a “soft landing” to be as low as 5% to 10% and expects unemployment to rise 7% nationally, compared to 3.7% now. Amid such macroeconomic and geopolitical uncertainties, the stock market has seen a broad sell-off this year.

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